Question: The Millard Division's operating data for the past two years are provided below: Year 1 15% Year 2 20% $640,000 5 Return on investment Net

The Millard Division's operating data for the past two years are

provided below: Year 1 15% Year 2 20% $640,000 5 Return on

The Millard Division's operating data for the past two years are provided below: Year 1 15% Year 2 20% $640,000 5 Return on investment Net operating income Turnover Margin Sales ? ? $3,340,000 ? Millard Division's margin in Year 2 was 120% of the margin in Year 1. The net operating income for Year 1 was: (Round intermediate percentage computations to the ne Multiple Choice $256,000 O $100,200 O $133,600 $267,200

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